NDMC closes December issuance of SAR-denominated sukuk program at SAR 7.02B

Logo of National Debt Management Center (NDMC)

The National Debt Management Center (NDMC) completed the order book for its domestic issuance for December, under the Saudi Arabian Government SAR-denominated Sukuk Program.

Total allocations amounted to SAR 7.016 billion, NDMC said in a statement today, Dec. 16.

The issuance was divided into five tranches. The first tranche totaled SAR 1.236 billion, maturing in 2027, while the second reached SAR 335 million, maturing in 2029.

The third tranche was valued at SAR 1.18 billion and will mature in 2032, followed by a fourth tranche of SAR 1.692 billion, maturing in 2036. The fifth tranche was valued at SAR 2.573 billion and will mature in 2039.